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    NAB   AU000000NAB4

NATIONAL AUSTRALIA BANK LIMITED

(NAB)
  Report
End-of-day quote. End-of-day quote Australian Stock Exchange - 12/01
27.38 AUD   +0.29%
01:32aVolatility rules currencies as traders fret over Omicron, Fed tightening
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12/01NATIONAL AUSTRALIA BANK : Update - Notification of buy-back - NAB
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11/30National Australia Bank Declares Interim Dividend
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Australian share close higher as CBA boosts financials

10/04/2021 | 02:18am EST

Oct 4 (Reuters) - Australian shares closed more than 1% higher on Monday, as top lender Commonwealth Bank boosted financials, and energy and gold stocks climbed on strong underlying commodity prices.

The S&P/ASX 200 index rose 1.3% to 7,287.5, starting the week on a strong note after four straight weeks of losses.

The market also benefited from a strong Wall Street session at the end of last week, as investors entered the final quarter of 2021 in a buying mood.

Commonwealth Bank of Australia notched its best session in a year and a half and was the top gainer on the bourse with a 5.1% jump, after completing an oversubscribed off-market buy-back of about 67.7 million shares for A$6 billion ($4.36 billion).

Heavyweight financials climbed 2.6% in their best session since January, with National Australia Bank Ltd , Australia and New Zealand Banking Group and Westpac Banking Corp rising between 1.9% and 2.2%.

Financials stood out, said Damian Rooney, director of equity sales at Argonaut, adding the market rallied following the big move in the United States on Friday.

"September was a pretty miserable month for markets in general, so people are hoping October will start with a clean sheet," said Rooney.

Australian energy stocks added 1.4%, with major oil and gas explorers Santos Ltd and Woodside Petroleum ending 1.7% and 1.6% higher, respectively.

Meanwhile, the country's health minister, Greg Hunt, said the Delta outbreak appeared to have levelled off, with more than half the country in extended lockdowns and vaccination rates starting to approach national targets.

New Zealand's benchmark S&P/NZX 50 index closed 0.4% higher at 13,337.27.

Prime Minister Jacinda Ardern extended the level 3 lockdown in the country's biggest city Auckland, but said some restrictions will ease. ($1 = 1.3748 Australian dollars) (Reporting by Harish Sridharan in Bengaluru; Editing by Subhranshu Sahu)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
COMMONWEALTH BANK OF AUSTRALIA 0.75% 93.88 End-of-day quote.14.33%
NATIONAL AUSTRALIA BANK LIMITED 0.29% 27.38 End-of-day quote.21.15%
SANTOS LIMITED -0.94% 6.32 End-of-day quote.0.80%
WESTPAC BANKING CORPORATION 0.49% 20.62 End-of-day quote.6.45%
WOODSIDE PETROLEUM LTD 0.33% 21.5 End-of-day quote.-5.45%
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Analyst Recommendations on NATIONAL AUSTRALIA BANK LIMITED
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Financials
Sales 2022 17 578 M 12 493 M 12 493 M
Net income 2022 6 368 M 4 526 M 4 526 M
Net Debt 2022 - - -
P/E ratio 2022 14,3x
Yield 2022 5,04%
Capitalization 89 432 M 63 876 M 63 561 M
Capi. / Sales 2022 5,09x
Capi. / Sales 2023 4,89x
Nbr of Employees 32 741
Free-Float 99,3%
Chart NATIONAL AUSTRALIA BANK LIMITED
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National Australia Bank Limited Technical Analysis Chart | MarketScreener
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Technical analysis trends NATIONAL AUSTRALIA BANK LIMITED
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 27,38 AUD
Average target price 30,19 AUD
Spread / Average Target 10,3%
EPS Revisions
Managers and Directors
Ross Maxwell McEwan Group CEO, Managing Director & Director
Gary A. Lennon Group Chief Financial Officer
Philip Wayne Chronican Chairman
Patrick C. Wright Group Executive-Technology & Enterprise Operations
Leslie Durno Matheson Group Chief Operating Officer
Sector and Competitors